In The Business?

Comments(5)

• 
  reinatalie8th November, 2004

  mojojojo_1,
  
  You said "selling or buying 4 or more homes means your in the business. how do big time investors avoid this?"
  
  Could you clarify your question, what business are you referring to? If you mean real estate business, then I don't understand what you would want to avoid?

• 
  mojojojo_19th November, 2004

  In the sense of when do you have to have a RE license?

• 
  jeff120029th November, 2004

  You do not need a license to buy and sell homes. You need a license to represent others, or act on the behalf of others in the transaction though.
  
  There is one possibility that you may be referring to, and that would involve mobile or manufactured homes. You might be required by your state to get a dealer's license if you buy and sell a certain number of them. Kind of like a car dealer!
  
  Good luck,
  Jeff

• 
  mojojojo_113th November, 2004

  So...
  I can buy and sell 237 homes next year, "for sell by owner"?
  I thought it would be misleading

• 
  JohnMichael13th November, 2004

  Quote:
  On 2004-11-13 21:16, mojojojo_1 wrote:
  So...
  I can buy and sell 237 homes next year, "for sell by owner"?
  I thought it would be misleading
  
  
  When you take title to a subject property you can buy and sell as many as you want without a license.
  [addsig]